In his August 21, 2010 article in the Wall Street Journal (The End of Management adapted from The Wall Street Journal Essential Guide to Management by Alan Murray. Copyright 2010 by Dow Jones & Co. Published by Harper Business, an imprint of HarperCollins Publishers), Alan Murray writes: “‘Modern’ management is nearing its existential moment… the trends here are big and undeniable. Change is rapidly accelerating. Transaction costs are rapidly diminishing. And as a result, everything we learned in the last century about managing large corporations is in need of a serious rethink… The new model will have to be more like the marketplace… flexible, agile, able to quickly adjust to market developments, and ruthless in reallocating resources to new opportunities.”